Industry News

COCHRANE, Alberta (BRAIN) — Since the advent of left crankarm power meters, leftover crankarms have been gathering dust in shop bins and garages with little prospect of any future use. Now 4iiii is offering buy some left arms for up to $45 cash and recycle them into new power meters.

Tagged DEI and Sustainability
On Earth Day, Thule also announced new long-term sustainability goals.

STOCKHOLM (BRAIN) — Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment.

Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way.

Tagged DEI and Sustainability / Earnings/Financial Reports

PORTLAND, Ore. (BRAIN) — Independent framebuilder Simple Bicycle Co. has acquired an investor and will expand its production capacity.

Empty energy gel wrappers? Worn-out sneakers or wool socks? How about an old bike helmet? There are more options to keep them out of landfills.
Bern is encouraging helmet recycling.

BERKELEY, Calif. (BRAIN) — On this Earth Day, April 22, bike industry brands (include BRAIN's parent company, Outside) are promoting more options to keep their products and packaging out of landfills at the end of their useful lives. Here's a rundown of some of the programs.

Tagged DEI and Sustainability

FAYETTEVILLE, Ark. (BRAIN) — Brook Watts announced Wednesday that he will no longer be the organizer for the 2022 UCI Cyclo-cross World Championships or a UCI World Cup cyclocross event to be held in October. Both events are scheduled to take place in Fayetteville. 

Tagged Racing & Sponsorship

WASHINGTON (BRAIN) — Quality Bicycle Products and the League of American Bicyclists will combine to offer 40 League Cycling Instructor scholarships this year for Black, Indigenous, and people of color.

Tagged DEI and Sustainability

BOULDER, Colo. (BRAIN) — Outside has acquired Cairn, a Bend, Ore.-based business that sells curated outdoor goods to consumers on a subscription basis.

Tagged Mergers & Acquisitions

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Thursday it has been certified as a B Corporation, a designation for companies balancing high social and environmental standards with profit.

Tagged DEI and Sustainability
Burns Hall on the NWACC campus.

BENTONVILLE, Ark. (BRAIN) — The Walton Family Charitable Support Foundation has made a $1 million-plus grant to a community college here, allowing the school to launch an accredited two-semester Bicycle Assembly and Repair Technician program, with classes planned for the fall 2021 semester.

Tagged Retailer education / Advocacy/Non-profits
Bike Rental Manager founder and CEO Doug Stoddart.

HOVE, England (BRAIN) — Software company Bike Rental Manager surpassed its crowdfunding target of £250,000 ($344,000) to launch an app that allows consumers to find and book rental bikes online.

BOULDER, Colo. (BRAIN) — SmartEtailing, a 22-year-old company known for building e-commerce websites for bike shops, has acquired Retail Toolkit, a startup that offers retailers management analytics and marketing tools.

Tagged Mergers & Acquisitions

WASHINGTON (BRAIN) — The U.S. continued to import bikes at a rapid pace in February, although the monthly import totals have been declining since a peak last September.

Tagged Supply chain
G-Form Pro-X3 Elbow Guards.

PROVIDENCE, R.I. (BRAIN) — Holding company Eldridge Industries announced on Friday that it acquired protective gear company G-Form and intends to expand the product line.

Tagged Mergers & Acquisitions

Statements on recent state legislation from Arkansas-based companies Rapha and Allied and other groups.

COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling announced will hold an Inclusion Summit in Fayetteville, Arkansas. Specialized Bicycles, Canyon Bicycles, Allied Cycle Works, and Experience Fayetteville will take part.

Tagged Racing & Sponsorship

SAINT-AUGUSTIN-DE-DESMAURES, Québec (BRAIN) — Just a few months after emerging from Canada's equivalent to Chapter 11 bankruptcy, Louis Garneau Sports' president said his goal is to take the company public in two years. He's planning on e-bike sales providing a boost toward that goal.

MIAMI (BRAIN) — Global wholesale distributor JBI was back online in a limited capacity Wednesday after a ransomware attack last week shut down its website.

Tagged Distributor news
UPDATED: CEO of Arkansas-based Allied Cycle says he's disappointed in recent legislation.

BENTONVILLE, Ark. (BRAIN) — Tom Walton, an heir to the Walmart fortune, part-owner of several bike industry companies and a promoter of cycling in Arkansas, said Tuesday he supports Arkansas Gov.

Tagged DEI and Sustainability / Racing & Sponsorship
Simon Richardson.

HENLEY-ON-THE-THAMES, England (BRAIN) — Endura Sales Manager Simon Richardson was killed in a bike accident here on Sunday. He was 58.

Falcon AR46 Disc wheelset.

XIAMEN, China (BRAIN) — Carbon wheelset manufacturer Light Bicycle responded to increased demand in the past year by opening a warehouse in France, which will handle orders in the European Union.


Subscribe to RSS - Industry News